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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Adrianne Appel2024-01-04T20:11:00
The Federal Trade Commission (FTC) was clear in its recent enforcement action against Rite Aid regarding its expectations for companies using facial recognition technology or any biometric security or surveillance systems.
The FTC filed a complaint against Rite Aid on Dec. 19, alleging the retail pharmacy chain used untested, inaccurate facial recognition technology to secretly surveil shoppers from 2012-20.
The misused technology resulted in thousands of people being misidentified as shoplifters, with a higher percentage of women, Blacks, Latinos, and Asians wrongly accused. Rite Aid staff sometimes harassed and publicly humiliated innocent shoppers and forced them to leave stores, including those who had wanted to fill necessary prescriptions, the FTC said.
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2024-01-04T14:30:00Z By Manorama Kulkarni, CW guest columnist
The lack of clear regulations and guidelines for the ethical use of facial recognition technology further exacerbates concerns of discriminatory practices and potential infringements on human rights.
2023-12-20T14:33:00Z By Kyle Brasseur
Retail pharmacy chain Rite Aid agreed to a five-year ban on its use of facial recognition technology for surveillance purposes as part of a settlement with the Federal Trade Commission.
2023-05-19T17:02:00Z By Adrianne Appel
Businesses that make false or unsubstantiated claims regarding facial recognition and other biometric technologies could face enforcement from the Federal Trade Commission, the agency warned in a policy statement.
2024-07-02T20:35:00Z By Adrianne Appel
Three former executives of Chicago-based Outcome Health, a healthcare technology company, were sentenced for misleading an auditor, clients, lenders, and investors about a scheme to sell $45 million in overbilled advertisements.
2024-07-02T14:42:00Z By Adrianne Appel
A home health company operating in Indiana, Ohio, and Texas agreed to pay nearly $4.5 million to settle allegations it filed false claims by giving sports tickets and other kickbacks to assisted living facilities in exchange for referrals.
2024-07-02T13:50:00Z By Aaron Nicodemus
Crypto-friendly Silvergate Bank will pay a total of $63 million penalties to California and the Federal Reserve Board to settle charges that its anti-money laundering program failed to properly monitor more than $1 trillion worth of customer transactions.
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